UK motorists may see lower fuel prices following a framework deal between the US and Iran. The conflict had previously driven up oil prices significantly, impacting petrol and diesel costs. Analysts predict further price drops if oil prices stabilize.
China's government will cut gasoline and diesel prices by approximately 110,000 won per ton starting May 5th, citing fluctuations in international oil prices amid Middle East tensions. This marks the second price reduction this year, following eight increases.
China will cut gasoline and diesel prices by 525 and 505 yuan per ton respectively starting June 4th, marking the second price decrease this year. This adjustment follows a period of fluctuating international crude oil prices.
China will cut gasoline and diesel prices by 525 yuan and 505 yuan per ton respectively, effective from midnight on June 4. This decision follows a recent rebound in international crude oil prices after a period of decline, with the average price over the last 10 working days being lower than the previous adjustment period.
China will cut gasoline and diesel prices by 525 yuan and 505 yuan per ton respectively, effective from midnight on June 4, as international crude oil prices have recently rebounded after a period of decline. The National Development and Reform Commission announced the adjustment.
Petrol and diesel prices remained stable nationwide on June 2, 2026, despite recent crude oil price increases. State-run oil companies continue to face marketing losses, with analysts citing U.S.-Iran ceasefire uncertainty affecting global oil prices.
UAE petrol prices have risen for the fourth consecutive month in June 2026, with Super 98 up 60% since February. The increases reflect global energy market volatility driven by Middle East conflict and shipping disruptions, despite a drop in diesel prices.
India's Finance Minister Nirmala Sitharaman stated that reducing excise duties on petrol and diesel would result in a revenue loss of approximately Rs 1 lakh crore. She urged against 'fearmongering' amid rising fuel prices and global uncertainties, emphasizing the nation's economic resilience.
Opposition parties in India, including Congress and AAP, have strongly criticized the Modi government for recent increases in petrol and diesel prices. They accuse the government of "fuel loot" and burdening citizens despite stable international crude oil prices, questioning why India isn't buying cheaper oil from Russia and Iran.
Fuel prices in India increased for the fourth time in 10 days, with petrol up by Rs 2.61 and diesel by Rs 2.71 per litre. This hike, driven by rising global crude prices and a weakening rupee, adds pressure to household and transportation costs.
Municipal bus companies in Mecklenburg-Vorpommern are facing significant financial burdens due to rising diesel prices, with some reporting potential additional costs of up to €1 million. The industry warns that these increases could lead to reduced public transport services across Germany.
Public sector oil companies in India increased petrol and diesel prices by nearly 90 paise per litre on Saturday, the third hike since May 15. This move aims to partially offset losses from selling fuels below market rates amid rising global crude prices.
Diesel prices have risen by 52 cents net of taxes between late February and mid-April. Despite this, fuel consumption in Italy increased in April, with gasoline up 7% and diesel up 0.4%. Experts warn of potential fuel shortages.
Petrol and diesel prices in India saw another hike of 87-91 paise per litre on Saturday, bringing the total increase in less than 10 days to nearly Rs 5 per litre. This rise is attributed to increasing international crude oil prices and a weaker rupee.
CNG prices have increased by Re 1 per kg, marking the third hike in less than 10 days, with rates now at Rs 81.09/kg in Delhi and Rs 89.70/kg in Noida/Ghaziabad. Petrol and diesel prices also saw hikes due to rising global crude oil prices.
CNG prices in Delhi increased by Re 1 per kg to Rs 81.09, the third hike in under 10 days. This follows rising petrol and diesel prices, driven by global energy costs linked to the Middle East crisis and Strait of Hormuz disruptions.
Congress has criticized PM Narendra Modi for the third fuel price hike in 10 days, labeling him 'Mehengai Man' and accusing his government of favoring oil companies over citizens. Petrol and diesel prices increased by under Rs 1 per litre, with CNG also seeing a rise.
Petrol and diesel prices saw a third hike in under 10 days, with prices rising by up to 87 paise for petrol and 91 paise for diesel per litre. This surge is attributed to escalating global crude oil prices driven by the West Asia conflict and disruptions at the Strait of Hormuz.
Fuel prices remained steady on Wednesday after recent hikes, with petrol and diesel rates seeing an increase of up to 90 paise per litre. Global crude markets are on edge due to geopolitical tensions. Hyderabad recorded the highest petrol price at Rs 111.84 per litre, while Thiruvananthapuram saw the highest diesel rate at Rs 100.59.
Fuel prices in India increased by approximately 90 paise per litre on Tuesday, sparking widespread public disappointment. Citizens and drivers expressed concerns about the impact on inflation and their livelihoods.
Fuel prices in India saw another hike of around 90 paise per litre on Tuesday, marking the second increase in less than a week. Despite rising global crude oil prices due to the Middle East crisis, officials state India has adequate fuel reserves.
Fuel prices in India have risen again, with petrol and diesel increasing by approximately 90 paise per litre. This is the second hike in under a week, pushing prices in Delhi to Rs 98.64 for petrol and Rs 91.58 for diesel, amid global energy crisis and rising crude oil prices.
Petrol and diesel prices increased by approximately 90 paise per litre on Tuesday, the second hike in less than a week. Prices in Delhi now stand at Rs 98.64 for petrol and Rs 91.58 for diesel.
Petrol and diesel prices in India saw another hike of around 90 paise per litre on Tuesday, the second increase in less than a week. This follows a previous Rs 3 per litre rise on Friday, driven by rising global crude oil prices due to the West Asia conflict.
